Description

Throughout the whole O&G industry, exploration programs and production plan commonly fail to achieve their anticipated reserves or drilling success rates, resulting in higher than anticipated finding costs.

Well-bore failure, reservoir uncertainties, and lost circulation among other problems are nightmare haunting the O&G operators and it can cost millions of dollars and hundreds of man hours overnight. O&G operators are forced to seek more practical and effective basin analysis techniques to tackle these issues and keep budget and unforeseen problems under control.